BBX: Securitize's NYSE debut and Hyperscale Data's Bitcoin assets surpass market value

BBX News: Yesterday, the SPAC merger between Securitize and Cantor Equity Partners II was officially completed. The company will be listed on the New York Stock Exchange under the SECZ code on July 2nd, becoming the first pure RWA tokenized infrastructure company in the United States to be listed on a major exchange; Hyperscale Data disclosed on the same day that it holds 780 bitcoins, and after merging cash and silver, its total hard assets are approximately $106.7 million, surpassing its ordinary stock market value by 117% for the first time. The two companies represent two completely different paths and situations for cryptocurrency assets to enter the public market. Core points: ——Securitize Corp. (NYSE: $SECZ): Passed by shareholder vote on June 29th, completed merger on June 30th, and listed on NYSE (code SECZ) on July 2nd; Fundraising approximately $400 million (including $225 million in PIPE, the largest operational SPAC PIPE since 2021); The redemption rate of Class A is less than 30%; Manage $4 billion+tokenized assets, accounting for approximately 20% of the RWA market share; Client: BlackRock BUIDL (approximately $3.1 billion) Apollo、KKR、Hamilton Lane、VanEck； Signed an MOU with NYSE to provide digital transfer agency services for its 24/7 tokenized stock platform; Our own SECZ equity will be tokenized on the platform to achieve dual track listing; Benchmark buy rating, target price of $16; Facing tZERO patent dispute. ——Hyperscale Data (NYSE American: $GPUS) disclosed on June 29th that it holds 780.4838 BTC (approximately 49.25 BTC were purchased by the company ACG from June 21st to 29th); The total value of Bitcoin, cash, restricted cash, and 10000 ounces of silver is approximately $106.7 million, accounting for approximately 117.06% of the ordinary stock market value; BTC market value is approximately $46.9 million (average price $60138); Executive Chairman Ault III: Market reactions are completely disconnected from facts; Operating Bitcoin mining and AI data centers through Sentinum subsidiary; We plan to divest ACG in Q2 2027 and focus on high-performance computing and digital assets. Source: bbx.com